Marathon Digital Holdings
NasdaqMARA

Marathon Digital Holdings (formerly Marathon Patent Group) is a patent holding company that is the parent of Uniloc, known as a patent troll company.[1][2] Marathon purchased patents related to encryption in the 2010s[citation needed] and in 2021 it was known for its purchases of bitcoin[3] and bitcoin mining equipment[4] and a joint venture to use 37 MW from the Hardin Generating Station Montana coal plant to power an adjacently-constructed Marathon bitcoin data center.[5]

The company changed its name to Marathon Digital Holdings, effective March 1, 2021. Its chief executive officer is Fred Thiel.[6]

Subsidiaries[edit]

Marathon has several subsidiaries:[7]

  • Communications LLC,
  • Sarif Biomedical, LLC,
  • Sarif Biomedical Acquisition LLC,
  • Marathon Advisors SA,
  • Dynamic Advances, LLC,
  • TLI Acquisition Corp.,
  • CyberFone Systems, LLC,
  • Signal Ip, Inc.,
  • Synchronicity IP GmbH,
  • Motheye Technologies, LLC,
  • Medtech Group Acquisition Corp,
  • Loopback Technologies, Inc,
  • TLIF, LLC,
  • IP Liquidity Ventures, LLC,
  • Soems Acquisition Corp,
  • Hybrid Sequence IP, Inc,
  • E2e Processing, Inc,
  • Continental Resources Acquisition Sub, Inc.,
  • Relay IP Inc,
  • OrthoPhoenix, LLC,
  • Marathon Group S.A.,
  • Sampo IP LLC,
  • Vantage Point Technology, Inc.,
  • Marathon Ventures S.a.r.l,
  • Bismarck IP Inc,
  • Loopback Technologies II, Inc,
  • Selene Communication Technologies, LLC,
  • Magnus IP GmbH,
  • TLI Communications GmbH,
  • Traverse Technologies Corp.,
  • 3D Nanocolor Corp.,
  • IP Liquidity Ventures Acquisition LLC,
  • CRFD Research, Inc.,
  • PG Technologies SARL,
  • Marathon Crypto Mining, Inc,
  • MedTech Development Deutschland GmbH,
  • Marathon IP GmbH,

See also[edit]

References[edit]

  1. ^ Mullin, Joe (2017-06-06). How one patent troll is desperately trying to stay in East Texas. Ars Technica. Retrieved 2021-02-10.
  2. ^ Crecente, Brian (2012-07-23). Uniloc founder says hes not a patent troll, reacts to disgusting Minecraft fan emails. Polygon. Retrieved 2021-02-10.
  3. ^ Randewich, Noel (2021-02-10). Musks bitcoin bet fuels gains in companies already invested. Reuters. Retrieved 2021-02-10 – via www.reuters.com.
  4. ^ Crush the Crypto Market with Marathon Patent Group. 2021-02-05. Retrieved 2021-02-10.
  5. ^ Bitcoin miner Marathon signs for coal-fired electricity in Montana. www.datacenterdynamics.com. Retrieved 2021-08-05. Bitcoin mining company Marathon Patent Group has announced plans to build a specialized Bitcoin data center in Montana. The facility will use cheap coal-fired electricity, backed by utility Beowulf Energy, which will take a stake in Marathon. In the joint venture, Beowulf gets part-ownership of Marathon, but Marathon keeps the Bitcoin output from a data center that will use an estimated 37MW of power from Beowulfs 119MW Hardin Generating Station in Big Horn County, Montana. Marathon will pay $0.028/kWh for the energy, which is about a quarter of the average US domestic rate of around $0.11/kWh.
  6. ^ Ostroff, Caitlin; Spegele, Brian (2021-05-21). Bitcoin Miners Are Giving New Life to Old Fossil-Fuel Power Plants. Wall Street Journal. Retrieved 23 May 2021.
  7. ^ Subsidiary Listing :: Marathon Patent Group (MARA). Marathonpg.com. Retrieved 17 December 2018.

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